DEALERSHIP BUY/SELL

This Automotive News feature lists dealership acquisitions as reported by brokers, official announcements and news media.

Dealership Buy/Sell

This Automotive News feature lists dealership acquisitions as reported by brokers, official announcements and news media. Click on column headers to sort by field. » Go to our dealership buy-sell articles

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09/15/2016 Gust Kalatzes Kraig Dearden AutoFarm Castle Rock Chevrolet Castle Rock Chevrolet, Evanston, Wyo.

Kalatzes and Dearden formed a partnership and now co-own the dealership. Performance Brokerage Services was the adviser.

09/15/2016 Eddie and Justin Yaklin Wyatt Arp Yaklin Chrysler-Dodge-Jeep-Ram Wyatt Arp Chrysler-Dodge-Jeep-Ram, Seguin, Texas

Performance Brokerage Services was the adviser.

09/15/2016 RFJ Auto Partners Craig Kapson Jordan Ford, Jordan Toyota, Mishawaka, Ind.
09/15/2016 Nielsen Automotive Group David and Fred Ayers Nielsen Chevrolet Ayers Chevrolet, Dover, N.J.

Stu Lasser of Lasser Advisory Services was the adviser.

09/06/2016 Findlay Automotive Group Gaudin Motor Co. Jaguar Land Rover Las Vegas Gaudin Jaguar of Las Vegas, Las Vegas

Findlay added Jaguar to its existing Land Rover store.

09/06/2016 Greenway Automotive Joe Orff Norristown Chrysler-Dodge-Jeep-Ram Sport Chrysler-Dodge-Jeep-Ram, Norristown, Pa.

Rob Lee of Tim Lamb Group advised the seller.

09/06/2016 Seth Wadley Wayne Eidson Seth Wadley Chevrolet-Buick-GMC-Cadillac Wayne Eidson Chevrolet-Buick, Sulphur, Okla.

Dick Pryor of Tim Lamb Group advised the buyer. Chevrolet and Buick are being added to Wadley’s existing GMC-Cadillac store in Pauls Valley, Okla.

09/06/2016 Matthew Bowers Robert Levis Matt Bowers Chevrolet-Cadillac Levis Chevrolet-Cadillac, Slidell, La.
08/18/2016 AutoNation DiSimone Imports Jaguar White Plains White Plains Jaguar, Elmsford, N.Y.
08/18/2016 Herb Chambers Allen Glick Herb Chambers Nissan of Westborough Glick Nissan, Westborough, Mass.
08/18/2016 Phil Neessen Blake Fulenwider Neessen Chrysler-Dodge-Jeep-Ram Blake Fulenwider Chrysler-Dodge-Jeep-Ram, Kingsville, Texas

Performance Brokerage Services was the adviser.

08/18/2016 Premier Automotive Greg Ronchetti Victory Chevrolet Greg Chevrolet, Savannah, Mo.
08/18/2016 AutoNation Premier Collection BMW Mount Kisco, Land Rover Mount Kisco, Mount Kisco, N.Y.; Jaguar Land Rover Larchmont/New Rochelle, New Rochelle, N.Y.
08/18/2016 Ruge’s Automotive Audia Motor Sales Ruge’s Chevrolet Audia Motors Inc., Millbrook, N.Y.

BRAND: Chevrolet

Thomas J. Hayes & Associates advised the seller.

08/18/2016 Sutherlin Automotive Group Metro Motor Group, Grieco Automotive Group Sutherlin Nissan of Fort Pierce Grieco Nissan of Fort Pierce, Fort Pierce, Fla.

Performance Brokerage Services advised the seller.

08/17/2016 Doug Wickstrom Mike Helmkamp LaGrange Country Dodge-Chrysler-Jeep-Ram LaGrange County Dodge (Dodge-Chrysler-Jeep-Ram), LaGrange, Ind.

Brad Bickle of Tim Lamb Group was the adviser.

08/17/2016 Eddie and Justin Yaklin Bobby Ford Yaklin Ford of Lake Jackson Bobby Ford, Richwood, Texas

Performance Brokerage Services was the adviser.

08/17/2016 Ryan LaFontaine Donna Snethkamp LaFontaine Chrysler-Dodge-Jeep-Ram of Lansing Bill Snethkamp’s Chrysler-Dodge-Jeep Ram, Lansing, Mich.

Ryan LaFontaine said he plans to build another dealership next door. He told the Lansing State Journal that he is in talks with Fiat Chrysler.

08/17/2016 Rydell Group Dennis Hanks Ozark Chevrolet Dennis Hanks Chevrolet, Ozark, Mo.

Midwest Brokerage was the adviser.

08/17/2016 Steve Dominguez Mike Hanigan Steve’s Hometown Chevrolet-Buick-GMC Hanigan Chevrolet-Buick-GMC, Payette, Idaho

Performance Brokerage Services was the adviser.

08/17/2016 Larry H. Miller Dealerships Doug Moreland Larry H. Miller Dodge-Ram Cherry Creek, Larry H. Miller Fiat of Denver, Larry H. Miller Colorado Chrysler-Jeep Cherry Creek Dodge, Fiat of Denver, Denver; Colorado Chrysler-Jeep, Aurora, Colo.
08/17/2016 Smith Auto Group Leigh Automotive Mercedes-Benz of Tuscaloosa, Tuscaloosa, Ala.

Alan Haig and Nate Klebacha of Haig Partners advised the seller.

08/17/2016 Sames Auto Group Eddie Yaklin Sames Ford-Nissan of Kingsville Eddie Yaklin Ford-Nissan, Kingsville, Texas

Performance Brokerage Services was the adviser.

08/17/2016 Ken Garff Automotive Group Hooman Nissani West Coast Toyota-Scion of Long Beach Hooman Toyota-Scion of Long Beach, Long Beach, Calif.

Performance Brokerage Services advised the seller.

08/17/2016 Zender family Robin Campbell, Paul Olson, Chris Semple Big Rock Chrysler-Dodge-Jeep-Ram, Hinton, Alberta
08/17/2016 Elm Creek Auto Group Brian Bounds Premier Chevrolet-Buick-GMC, Premier Chrysler-Dodge-Jeep-Ram Bounds Autoplex, Livingston, Texas

Performance Brokerage Services advised buyer and seller.

06/16/2016 Patti and Peter Rossbaum Bill, Barry, John and Jeff Brick Owen Sound Volkswagen Brick Bros. Volkswagen, Owen Sound, Ontario

Dealer Solutions North America advised the sellers.

06/16/2016 Ben Catanese Dennis Egan, David Perry Ocean City Chevrolet Perry-Egan Chevrolet, Ocean City, N.J.

Rob Lee of Tim Lamb Group advised the seller.

06/16/2016 Pat Priestner Jack Kofoed Kelowna Toyota, Kelowna, British Columbia

Dealer Solutions North America advised the seller.

06/13/2016 Holman Automotive Group Kuni Automotive

Holman, headquartered in Maple Shade, N.J., is acquiring Kuni, of Vancouver, Wash. Holman has 19 dealerships in New Jersey, Pennsylvania and Florida. Kuni, with 14 dealerships in California, Colorado, Kansas, Oregon and Washington, will be known as “Kuni Automotive, a Holman Enterprise.” The acquisition is expected to be finalized this summer. Mark Johnson, president of MD Johnson Inc., advised the seller.

06/13/2016 Prestige Auto Group Nick and Sandy Liguori Oakville Nissan, Oakville Infiniti, Oakville, Ontario

Dealer Solutions North America advised the buyer.

06/13/2016 Paul Cummings Casey Bast Listowel City Ford, Listowel, Ontario

Dealer Solutions North America advised the seller.

06/13/2016 Lorenzo Llerena Bill Armstrong Lorenzo Ford Armstrong Ford of Homestead, Homestead, Fla.

Strategic Automotive Resources was the adviser.

06/13/2016 Patrick Priestner (PPH Holdings) Dave King Southview Acura, Edmonton, Alberta

PPH Holdings will own 75 percent of the dealership, and Dave King will retain 25 percent. Priestner is the executive chair of the dealership group AutoCanada. AutoCanada entered into a financing arrangement with PPH Holdings, which is wholly owned by Priestner. AutoCanada provided a participatory loan to PPH to fund the purchase of 60 percent of Southview Acura.

06/13/2016 Victory Automotive Group The Boas family San Francisco Honda, San Francisco

Kerrigan Advisors advised the seller.

06/13/2016 Anderson Automotive Group Wiley Auto Group Anderson Ford-Lincoln of Kingman, Anderson Ford Colorado River Ford-Lincoln of Kingman, Kingman, Ariz., Colorado River Ford of Bullhead City, Bullhead City, Ariz.

Performance Brokerage Services was the adviser.

06/13/2016 Steve VanGorder Steve Myers SVG Chrysler-Dodge-Jeep-Ram Myers Chrysler-Dodge-Jeep-Ram, Eaton, Ohio

Tim Lamb of Tim Lamb Group advised the seller.

06/13/2016 Orr Auto Group Smith Auto Group Orr Chevrolet-Cadillac, Orr Nissan of Fort Smith Smith Chevrolet-Cadillac, Smith Nissan, Fort Smith, Ark.
06/02/2016 Jenkins Auto Group Milan Bakich Jenkins Nissan of Leesburg Lake Nissan, Leesburg, Fla.

Performance Brokerage Services advised the buyer.

06/02/2016 Mark Porter Charles Barnett Mark Porter Ford Barnett Ford, Jackson, Ohio
06/02/2016 Roger Jugdeo Randy Johnston, Tony Clarke Pickering Mitsubishi, Pickering, Ontario

Dealer Solutions North America was the adviser.

05/18/2016 Roger Kehdi Loren Berg Newberg Chevrolet Loren Berg Chevrolet, Newberg, Ore.

Performance Brokerage Services was the adviser.

05/18/2016 Greg Miller Bob Baker Greg Miller Toyota Bob Baker Toyota, Lemon Grove, Calif.
05/18/2016 Auto Team Delaware Jeff Townsend Chevrolet of Dover Townsend Bros. Chevrolet, Dover, Del.
04/25/2016 Sage Automotive Group Andrew Hong Sage Hyundai of Los Angeles 101 Vermont Hyundai, Los Angeles

David Meyer of Arent Fox advised the buyer, and Lance McKinlay of Enterprise Counsel Group advised the seller.

04/25/2016 Young Automotive Group Bob McFarland Young Ford Brigham McFarland Ford, Brigham City, Utah
04/25/2016 Landmark Automotive Group Craig Richardson Landmark of Taylorville (Chevrolet-Buick-Cadillac-GMC) Gordon GMC, Taylorville, Ill.

Landmark Automotive acquired the GMC franchise and added it to its existing dealership in Taylorville.

04/25/2016 Fremont Private Holdings, Karl Schmidt Morrie Wagener, Karl Schmidt Morrie’s Automotive Group, Minnetonka, Minn.

11 stores selling 10 brands: Cadillac, Ford, Lincoln, Nissan, Hyundai, Subaru, Mazda, Aston Martin, Bentley and Maserati; Schmidt retains his position as CEO and a stake in the group. The new owners plan to hire 100 more employees this year and to buy more stores, preferably in the Midwest.

04/25/2016 Groupe Park Avenue Inc. Sam Eltes Silver Star Montreal Silver Star Automobiles, Montreal

BRANDS: Mercedes-Benz, Smart

04/25/2016 Fields Auto Group Brumos Automotive Mercedes-Benz of Jacksonville, Lexus of Jacksonville, Porsche Jacksonville, Lexus of Orange Park, Mercedes-Benz of Orange Park Brumos Motorcars of Jacksonville, Brumos Lexus of Jacksonville, Brumos Porsche, Brumos Lexus of Orange Park, Mercedes-Benz of Orange Park, Jacksonville, Fla.

Haig Partners advised the seller.

04/14/2016 Tony Wilson Randy Knight, Carey May Clarington Hyundai, Bowmanville, Ontario

Dealer Solutions Canada advised the sellers.

04/14/2016 Sames Auto Group Benny Boyd Sames Bastrop Chrysler-Dodge-Jeep-Ram Benny Boyd Chrysler-Dodge-Jeep-Ram, Cedar Creek, Texas

Hicks Management was the adviser.

04/13/2016 Jim Graham, Mike Mamic, James Graham Jr. John Dinsmore Santa Margarita Toyota, Rancho Santa Margarita, Calif.

BRANDS: Toyota, Scion

The dealership sells 898 new and 375 used vehicles a year.

04/13/2016 Boardwalk Auto Mall Del Grande Dealer Group Boardwalk Chrysler-Dodge-Jeep-Ram Redwood City Chrysler-Dodge-Jeep-Ram, Redwood City, Calif.

Phil Vogel of Vogel Strategies advised the seller.

04/13/2016 Lithia Motors Dalip Singh Sethi DCH Subaru of Riverside Singh Subaru, Riverside, Calif.

Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions advised the seller.

04/13/2016 Billion Automotive Pritchard Family Auto Stores Billion Ford Pritchard’s of Clear Lake, Clear Lake, Iowa

BRAND: Ford

04/13/2016 Tom Pospisil Darrell Reynolds Eriksen Chevrolet-Buick, Milan, Ill.

Dick Nokes Consulting advised the seller.

04/13/2016 Keffer Auto Group William McNulty M&L Chrysler-Dodge-Jeep-Ram M&L Motors, Lexington, N.C.

McNulty & Associates was the adviser.

04/13/2016 Steve Montgomery Ron McCauley, Mac Auto Team Big M Chrysler-Dodge-Jeep-Ram Chrysler on Nicholasville, Nicholasville, Ky.

McNulty & Associates was the adviser.

04/13/2016 Todd and Paula McCurry Mike and Kim Hanigan Ontario Auto Ranch Hanigan Chrysler-Dodge-Jeep-Ram, Ontario, Ore.

Performance Brokerage Services advised the buyer and sellers.

04/13/2016 Peterson Automotive Collection JWM Inc. Mercedes-Benz of Cincinnati, Cincinnati

Presidio Group advised the seller.

04/13/2016 Peterson Automotive Collection HCHT Mercedes-Benz of West Chester, West Chester, Ohio

Presidio Group advised the seller.

03/18/2016 AutoNation Allen Samuels Auto Group

AutoNation will acquire 12 stores in Texas. There are 31 franchises. Brands include Chrysler, Dodge, Jeep, Ram, Chevrolet, Hyundai, Mercedes-Benz and Sprinter.

The stores represent approximately $800 million in annual revenue and sales of about 19,500 new and used vehicles a year. This is AutoNation’s biggest single acquisition since 1999. Stephens Inc. advised the seller.

03/18/2016 AutoNation Carl Gregory Enterprises

AutoNation bought 13 stores in Georgia, Alabama and Tennessee. Brands include Chrysler, Dodge, Jeep, Ram, Fiat, Ford, Lincoln, Honda, Hyundai and Volkswagen.

In 2014 the stores generated revenues of more than $480 million with about 16,750 new- and used-vehicle sales.

03/15/2016 Metro Motor Group, Grieco Automotive Group Fox Enterprises Grieco Toyota Fox Toyota, East Providence, R.I.

Joshua Teverow of Esquire Ltd. advised the seller. Michael Grieco Jr. is the dealer principal of the dealership. Metro Motor Group and Grieco Automotive Group are owned by the Grieco family. The family brands most of the New England stores “Metro” and the Florida stores “Grieco.”

03/15/2016 Priority Automotive Group of Newport Narragansett Car Co. of Rhode Island Hyundai of Newport, Middletown, R.I.

Joshua Teverow of Esquire Ltd. advised the seller.

03/15/2016 Lithia Motors Group 1 Automotive DCH Toyota of Milford Ira Milford Toyota, Milford, Mass.

Bill Scrivner of Pinnacle Mergers and Acquisitions advised the seller.

03/15/2016 Metro Motor Group, Grieco Automotive Group Aquidneck Autocenter BMW of Newport, Middletown, R.I.

Joshua Teverow of Esquire Ltd. advised the seller. Michael Grieco Jr. is the dealer principal of the dealership. Metro Motor Group and Grieco Automotive Group are owned by the Grieco family. The family brands most of the New England stores “Metro” and the Florida stores “Grieco.”

03/01/2016 LL Ark Holding Germain/Morrand Enterprises Steve Landers Toyota of Northwest Arkansas Toyota of Northwest Arkansas, Rogers, Ark.

Tim Wild of Tim Lamb Group advised the buyer.

03/01/2016 Penguin Automotive Group David Portal Commerce Chevrolet-Buick, Commerce, Texas

Hicks Management was the adviser.

03/01/2016 RFJ Auto Partners Randall Noe Greenville Hyundai, Greenville, Texas

Hicks Management advised the seller.

03/01/2016 Penske Automotive Group Schneider + Nelson Auto Group Audi Eatontown, Porsche Monmouth, West Long Branch, N.J.; Jaguar Monmouth, Land Rover Monmouth, Ocean, N.J.
03/01/2016 Randy Wise Automotive Sue Ann Tucker Randy Wise Chrysler-Dodge-Jeep-Ram of Durand Tucker Chrysler-Dodge-Jeep-Ram, Durand, Mich.

HLH Consulting advised the seller.

03/01/2016 Hunter Gray Auto Group Randall Noe Commerce Chrysler-Dodge-Jeep-Ram, Commerce Ford Randall Noe Chrysler-Dodge-Jeep-Ram, Randall Noe Ford, Commerce, Texas

Hicks Management was the adviser.

02/24/2016 Carl Leckner Randy Modesitt Leckner Chrysler-Dodge-Jeep-Ram Rappahannock Chrysler-Dodge-Jeep-Ram, King George, Va.
02/19/2016 Zeigler Auto Group Chuck Piano, Al Piemonte Estate Infiniti of Orland Park, Zeigler Nissan of Orland Park Infiniti of Orland Park, Orland Park Nissan, Orland Park, Ill.
02/19/2016 Marc Treiber, James Cmaylo Joseph Herba Treiber Nissan Herba Nissan, Johnstown, N.Y.

Thomas J. Hayes & Associates advised the buyers.

02/19/2016 Automotive Management Services Inc. Sam Swope Auto Group Lexus of Louisville, BMW of Louisville, Honda World, Louisville Chrysler-Dodge-Jeep-Ram, Courtesy Buick-GMC, Courtesy Cadillac, Volvo Cars of Louisville, Louisville Infiniti; Volkswagen of Clarksville Lexus of Louisville, Sam Swope BMW, Sam Swope Honda World, Sam Swope Chrysler-Jeep-Dodge-Ram, Sam Swope Buick-GMC, Sam Swope Cadillac, Sam Swope Volvo, Sam Swope Infiniti, Louisville, Ky.; Sam Swope Volkswagen of Clarksville, Clarksville, Ind.
02/19/2016 Michael Cannon Larry Chandler Cannon Nissan of Oxford Chandler Nissan, Oxford, Miss.
01/21/2016 Sheree Kaplan Regina Carusi Milford Subaru Subaru of Milford, Milford, N.H.

Nancy Phillips Associates was the adviser.

01/21/2016 Ray Catena Auto Group Group 1 Automotive Ray Catena of Freehold Mercedes-Benz of Freehold, Freehold, N.J.

Bill Scrivner and JB Douglas of Pinnacle Mergers and Acquisitions advised the seller.

01/21/2016 Gervais Bros. Terry Atamian Gervais Volkswagen, Lowell, Mass. Atamian Volkswagen, Tewksbury, Mass.

The buyer acquired the VW business and moved it to Lowell. Rob Lee of Tim Lamb Group advised the seller.

01/21/2016 Duane Huff, Adam Huff Farmer H-L, Oxmoor Auto Group Hyundai of Louisville, Louisville, Ky.

Tim Wild of the Tim Lamb Group advised the buyers.

01/21/2016 McManes Automotive David Morris Mercedes-Benz Edmonton West David Morris Fine Cars, Edmonton, Alberta

Kerrigan Advisors advised the seller.

01/21/2016 Eric Kahn Michael Feder Friendly Acura Feder’s Acura, Middletown, N.Y.
01/21/2016 Mainer Auto Group Griesel Motors Mainer Ford of Okarche Griesel Ford, Okarche, Okla.

The dealership sells an average of 340 new vehicles and 420 used vehicles a year. Its 2015 revenue was $1.8 million.

01/21/2016 Chastang Auto Group Joe Ragland Chastang Chrysler-Dodge-Jeep-Ram Ragland Chrysler-Dodge-Jeep-Ram, Angleton, Texas

Dick Pryor of Tim Lamb Group advised the seller.

01/21/2016 Bud Clary Auto Group Tom Matson Auburn Chrysler-Dodge-Jeep-Ram, Auburn Hyundai Tom Matson Chrysler-Jeep-Dodge-Ram, Tom Matson Auburn Hyundai, Auburn, Wash.

Performance Brokerage Services was the adviser.

01/21/2016 RFJ Auto Partners Paul Jaremko, Judy Jaremko Dave Smith Nissan of Spokane Jaremko Nissan, Spokane, Wash.
01/21/2016 John Eagle Automotive Group Fred Haas, Fisher family Southwest Infiniti, Clear Lake Infiniti, Houston

Presidio Group advised the sellers.

01/21/2016 Keating Auto Group Garlyn Shelton BMW of Brazos Valley, Brazos Valley Hyundai, Brazos Valley Mazda, Brazos Valley Volkswagen Garlyn Shelton BMW of Bryan, Garlyn Shelton Hyundai of Bryan, Garlyn Shelton Mazda of Bryan, Garlyn Shelton Volkswagen of Bryan, Bryan, Texas

Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions advised the seller.

01/21/2016 Car Pros Automotive Group Lanphere Auto Group Car Pros Kia Renton Renton Kia, Renton, Wash.

Kerrigan Advisors advised the seller.

01/14/2016 AutoNation Lanphere Auto Group AutoNation Honda Renton Renton Honda, Renton, Wash.

Kerrigan Advisors advised the seller.

01/14/2016 Andy Mohr Automotive Group Quattro Auto Group Andy Mohr Kia Champion Kia of Avon, Avon, Ind.

Tim Lamb of Tim Lamb Group advised the seller.

01/14/2016 Scott Reback Peter Folino, Lawrence Mattera, Mike Haddad Nissan of Staten Island Staten Island Nissan, New York

Rob Lee of Tim Lamb Group advised the seller.

01/14/2016 Josh Griffin Cary Larson Missoula Hyundai, Missoula Nissan, Missoula, Mont.

Performance Brokerage Services was the adviser.

12/16/2015 Kody Holdings Inc. Waldorf Auto Sales Inc. Waldorf Toyota Toyota of Waldorf in Waldorf, Md.

James Mitchell of CBRE Dealership Capital Services advised the seller.

12/16/2015 Todd Wenzel Automotive Group Dan Martin, Larry Malinowski Todd Wenzel Buick-GMC of Westland Red Holman Buick-GMC, Westland, Mich
12/16/2015 Curry Automotive Group Michael Ostrow, Robert Camastro Mercedes-Benz of Danbury, Danbury, Conn.; Mercedes-Benz of Wappingers Falls, Wappingers Falls, N.Y.

BRANDS: Mercedes-Benz, Sprinter

Thomas J. Hayes & Associates advised the sellers.

12/16/2015 Maguire Family of Dealerships Bill Rapp Auto Group Maguire Nissan of Syracuse Bill Rapp Nissan, Syracuse, N.Y.

KM & Associates advised the seller.